The most notable tax filling changes from the Big Beautiful Bill

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• ⬤ Changes to standard deduction, state tax credits, and the estate tax exclusion are among the key provisions.
• ⬤ The bill also expands the child tax credit, increases the standard mileage rate for business use of a car, and suspends certain tax credits for renewable energy investments.
• ⬤ These changes will take effect starting from the 2024 tax year.